Thursday, November 10, 2016

Always invest for income, not for quick gain

There are some people who like to find the best
penny stock, so that they can make a few thousand dollars in a day.

This is not really an investment. It is a speculation. To be it more bluntly, it is a gamble.

It does not matter whether you are talking
about the stock market, real estate or other investments, as long as you bear
in mind that you are investing for income, you will gain slowly and surely in
the long run.

For example, you buy a rental apartment for
rental income. You invest for income.

If the property price improves, you can sell
the rental apartment for a gain. If you
choose not to sell, you can still gain from the rental income. This is the reason why investing for income
always works.